The World: Malmo KKR and Permira purchase SBS Broadcasting

The deal, which has been approved by the SBS board, is expected to be
completed by November and values the company at 16 per cent more than
its share price on 12 August, when reports of the deal first
appeared.

Both equity companies are already involved in European media, as the US
company KKR has shares in the satellite operator Panamsat, while the
British company Permira is a shareholder in the German pay-TV company
Premier and the satellite company Intelsat.